The U.S. Soybean Export Council hosted a global digital conference and situation report this past week. Despite the impact from COVID-19, American Soybean Association President Bill Gordon offered a clear message for the international marketplace. “We are open for business.” All sectors of the soybean industry were represented on the USSEC program. Cargill North American Soybean Processing Manager John Buboltz said the soybean industry has seen demand erosion with decline in foodservice sales. Biodiesel demand has also been affected. The opposite is true for China. “Their demand should be rising as we go forward; as they try to replenish their (swine) herds and feeding goes up in China.” An AGP official said coronavirus may have a long-term impact on the interaction between agribusiness companies and their customers. That will include more automation and digital options.
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